Growing role for FCPR in administering community assets

The Fundación Comunitaria de Puerto Rico (Puerto Rico Community Foundation − FCPR) was able to provide more than half a million dollars to the community in 2010 thanks to new sources of funding it has tapped into from individuals, companies and the funds it administers for non-profit organizations. This year, the foundation provided ten organizations with funds from anonymous donors and from family foundations headquartered in the US, in areas including education and development for children and young people. FCPR also administers funds established by Lexus of Puerto Rico, the Toyota Foundation and the Procter & Gamble fund that supports non-profit organizations and programmes to strengthen small enterprises, mothers that are heads of families, and initiatives to help economically disadvantaged children.

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